| 28.01.2011 - Azeri oil fund assets up 53 pct yr/yr in 2010 |
| From Reuters: The assets of Azerbaijan's rainy day oil fund grew 52.8 percent year-on-year in 2010 to $22.77 billion, mainly due to rising oil and gas revenues, the fund's head said on Thursday. The fund, most of whose assets are held in sovereign papers, is a major part of the ex-Soviet country's more than $29 billion in strategic reserves, the rest being made up of central bank reserves and deposits..............................................Full Article: Source |